ASBESTOS UPDATE: 1,164 Actions Open v. Central Hudson at June 30

CH Energy Group, Inc. says that, as of June 30, 2011, of the 3,327 asbestos cases brought against Central Hudson Gas & Electric Corporation, about 1,164 remain pending.

As of March 31, 2011, of the 3,327 asbestos cases brought against Central…

ASBESTOS UPDATE: Global Power Still Facing Personal Injury Cases

Global Power Equipment Group Inc. has been named as a defendant in a limited number of asbestos personal injury lawsuits, according to the Company’s quarterly report filed on Aug. 15, 2011 with the Securities and Exchange Commission.

Neither the Company nor…

ASBESTOS UPDATE: Constellation Energy, BGE Face 477 Open Claims

About 477 individuals who were never employees of Constellation Energy Group, Inc. or Baltimore Gas and Electric Company have pending claims each seeking several million dollars in compensatory and punitive damages.

Since 1993, BGE and certain Company subsidiaries have been involved…

ASBESTOS UPDATE: ConEd Units Still Facing Exposure Suits in N.Y.

Lawsuits are still ongoing in New York State and federal courts against Consolidated Edison, Inc.’s Utilities and many other defendants, wherein a large number of plaintiffs sought large amounts of compensatory and punitive damages for deaths and injuries allegedly caused…

ASBESTOS UPDATE: 100 Manhattan Main Lawsuits Still Open v. ConEd

Consolidated Edison, Inc. still faced about 100 pending suits related to a July 2007 rupture of a steam main located in midtown Manhattan.

In July 2007, a Consolidated Edison Company of New York, Inc. (CECONY) steam main located in midtown Manhattan…

ASBESTOS UPDATE: UIL Has $18.3MM June 30 Retirement Obligations

As of June 30, 2011, UIL Holdings Corporation’s asset retirement obligations, including estimated conditional AROs, were US$18.3 million and consisted primarily of obligations related to removal or retirement of asbestos, polychlorinated biphenyl (PCB) contaminated equipment, gas pipeline and cast iron…

ASBESTOS UPDATE: Exposure Cases Still Open v. CenterPoint, Units

CenterPoint Energy, Inc. or its subsidiaries have been named, along with numerous others, as a defendant in lawsuits filed by a number of individuals who claim injury due to exposure to asbestos.

Some facilities owned by the Company contain or have…

ASBESTOS UPDATE: IPALCO Unit Still Subject to Exposure Lawsuits

IPALCO Enterprises, Inc.’s Indianapolis Power & Light Company is a defendant in 50 pending lawsuits alleging personal injury or wrongful death stemming from exposure to asbestos and asbestos containing products formerly located in IPL power plants.

IPL has been named as…

ASBESTOS UPDATE: 222 Cases Open v. Midwest Generation at June 30

There were about 222 asbestos cases for which Midwest Generation, LLC Company was potentially liable that had not been settled and dismissed at June 30, 2011.

There were about 228 asbestos cases for which the Company was potentially liable and that…

ASBESTOS UPDATE: Hawaiian Electric Posts $49.19MM ARO at June 30

Hawaiian Electric Industries, Inc.’s Hawaiian Electric Company subsidiary recorded asset retirement obligations of US$49,191,000 as of June 30, 2011, compared with US$36,019,000 as of June 30, 2010.

HECO recorded AROs of US$48,714,000 as of March 31, 2011, compared with US$23,985,000 as…

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